$JTO Preparing for the Next Move After Tight Consolidation

Price is hovering around $2.244, showing signs of tight-range compression after recent volatility between $2.205 (24h Low) and $2.325 (24h High).

Technical Outlook:

The price attempted to break above $2.30 but faced rejection.

Currently forming higher lows, suggesting potential bullish pressure building.

Key support holds around $2.22, while resistance stands at $2.26–$2.30 range.

Bullish Breakout Potential: If price breaks and sustains above $2.26, next targets could be $2.30, then $2.34.

Bearish Risk: Breakdown below $2.22 may lead to retest of $2.20–$2.18 zone.

Strategy Tip: Watch for volume spike near resistance to confirm breakout. Use tight stop-loss below support for safer entries.

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